The Federal Reserve on Tuesday announced that it has reached a written agreement with Coastal Bankshares Inc. in Savannah, Ga.

Home prices will fall 5% this year and hit bottom in 2012, assuming sales of foreclosed homes start to pick up this year, according to JPMorgan Chase analysts.

TD's $7.6 billion deal for a B of A MasterCard portfolio underscored again how banks north of the border are profiting at the expense of their U.S. rivals.

Warren Buffett's Berkshire Hathaway Inc. increased its stake in Wells Fargo & Co., building equity holdings amid a markets decline that the billionaire investor said provided an opportunity for buying stocks "on sale."

Credit card delinquencies fell to their lowest mark in 17 years in the second quarter, the sixth consecutive quarterly decline, as consumers remained cautious about taking on more debt and issuers held on to their conservative approach to lending, according to TransUnion.

Kennesaw State University has entered into a partnership with mobile money start-up TreasureCom to develop and market banking applications for mobile phones.

U.S. consumers sued an estimated 563 different collection agencies in the July 16-31 period, according to data pulled from U.S. District Courts. The half-month total is up from 539 in the July 1-15 period but down from 634 in June's second half.

Credit card delinquencies fell to their lowest point in 17 years in the second quarter as consumers remained cautious about taking on more debt and issuers continued their conservative approach to lending, TransUnion says.

David Stevens' record as a disciplinarian at the FHA seems based on inflated action counts at the agency, according to HUD's own statistics.

Extreme weather and rising feed and fuel costs across the Midwest crimped spending on farm equipment during the second quarter, according to a Federal Reserve survey published Monday.

Cardtronics has entered into a definitive agreement to acquire Access To Money for $21 million.

IMGCAP(1)]

IMGCAP(1)]

Starbucks changed its mind about allowing a customer to share his prepaid card with the world.

A survey of loan officers released by the Federal Reserve Board said that lending standards today are tighter for a variety of business and consumer loans than at any time since 2005.

S1 and ACI Worldwide are each trying to win over shareholders in their ongoing merger feud. The Vendors on Monday tried to influence how S1's shareholders will vote for its pending merger with Fundtech.

As Bank of America and other large banks try to dispose of unwanted credit card assets, they are fueling a slow revival in card portfolio M&A — and creating opportunities for smaller banks to get back into the issuing business.

The FDIC's return to black has led to calls for banks to get back some of the prepayments they made into the agency's Deposit Insurance Fund.

Suffolk Bancorp in Riverhead, N.Y., is planning to restate its earnings for third and fourth quarters of 2010, as well as for the full year, after its audit committee determined that portions of the loan-loss provision it took in this year's first quarter should be applied to prior quarters.

One bank postponed its initial public offering because of recent volatility, and others stock offerings could be delayed for weeks or months. It was bad timing for banks trying to get the jump on weakened competitors.